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Forex Trend Analysis Report

Prepared for you on Monday, March 4, 2024.

Swedish Krona/Swiss Franc (FOREX:SEKCHF)

Long-Term Uptrend (+90) - SEKCHF is in a strong uptrend that is likely to continue. While SEKCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SEKCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKCHF
Open High Low SEKCHF Price Change
8.55815 8.56305 8.52850 8.53100 -0.02715
Entry Signal

MarketClub’s Trade Triangles for SEKCHF

long term up The long-term trend has been UP since Nov 15th, 2023 at 8.42450

intermediate term up The intermediate-term trend has been UP since Feb 7th, 2024 at 8.33665

short term up The short-term trend has been UP since Mar 1st, 2024 at 8.56750

Smart Scan Analysis for SEKCHF

Based on our trend formula, SEKCHF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SEKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.55815 8.56305 8.52850 8.53100 -0.02715
Prev. Close Volume Bid Ask Time
8.55815 2024-03-04 04:28:00
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